Digicel granted 700MHz spectrum licence in Panama


News from Panama

Digicel has won a block of 700MHz spectrum in Panama after approval from the National Public Services Authority. The operator is due to pay $22.5 million for 2×10MHz blocks of 700MHz spectrum in the 738MHz-748MHz/793MHz-803MHz bands, and the frequencies must be put in use within the next 12 months. The decision was approved by Cabinet […]

February 20, 2018

The Return of Robusta Coffee


News from Panama

In Costa Rica, a decree is being prepared to eliminate the ban that has been in effect since 1988 and to re-authorize planting of the robusta variety in some areas of the country. The results obtained in tests carried out in 2016 and the conclusion that there is no longer a real technical justification for […]

February 20, 2018

How to unleash Panama´s agricultural potential


News from Panama

Of the 2 million hectares of land estimated to be available for agricultural crops, only 40,000 are dedicated to fruit production. Because of its climate and quality of soil, Panama has great potential for growing tropical fruits, such as mango, papaya, pineapple, avocado, coconut and citrus. However, the country’s agricultural capacity is not being fully exploited. A […]

February 20, 2018

Fitch Affirm Panama’s Ratings at ‘BBB’; Outlook Stable


News from Panama

Fitch Ratings has affirmed Panama’s sovereign ratings as follows: –Long-term Foreign- and Local-Currency Issuer Default Ratings (IDRs) at ‘BBB’, Outlook Stable; –Senior unsecured Foreign- and Local-Currency bonds at ‘BBB’; –Country Ceiling at ‘A’; –Short-Term Foreign- and Local-Currency IDR at ‘F2’. KEY RATING DRIVERS Panama’s ratings are supported by continued strong and stable macroeconomic performance, which […]

February 20, 2018

Copa, Lufthansa to codeshare Panama-Frankfurt route


News from Panama

Panama-based Copa Airlines and Lufthansa Group have agreed to expand the scope of their existing codeshare to allow Copa to commercialize and market the Panama-Frankfurt-Panama route, which is operated by Lufthansa. Copa will now be able to codeshare the route with a Copa Airlines flight number. “With this alliance … passengers will have better options […]

February 20, 2018

Private Hospital Changes Hands


News from Panama

Having had first hand experience there with a past surgery, I can say that while Paitilla Medical Center may not be as sexy looking as Hospital Punta Pacifica, it has some of the best Panamanian doctors many of  whom are US Board Certified surgeons and are counted among the best in Latin America.  The care that […]

February 12, 2018